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NITI wants infra projects lagging for decades completed by FY23-end
Shortlists 494 projects, including 279 roads and highways worth Rs 1.92 trillion, petroleum projects worth Rs 1.11 trillion, almost a trillion rupees worth of railway projects
Transporters may have to shell out more for toll on new port roads
The development comes at a time when the shipping ministry stares at under-utilisation of assets since there has been slow progress on road and railway connectivity projects
States may lose Rs 120 bn in share of central taxes over road & infra cess
While excise revenues have broadly been kept unchanged, states don't get a share in new cess created by reducing excise on fuel
